initial claims. you're running at about 2%. i don't think they have the ammunition right now in the economy to pull away from what they're doing. so we're going to have to kind of continue to digest what they say and then obviously see what happens over seas with japan and with china. >> simon, you have been bullish. if the fed walks back some of its talk of late, getting a pretty good opportunity to buy into the market. >> you are. that's been the problem with that market. people yesterday have been sold out the market. the market recovers so quickly and so, yes, there's a lot of volatility in the market but i still think you need to stay long the market. when we come out to key technical levels, four times since november we have hit this 15-week moving average. we're touching it right about here. every time we have hit that, the markets bounce back out. i think you have to sit tight and central governments next week, not just the u.s., but also what's going to be happening in japan will have a big impact. >> doc, the yen is getting stronger, the dollar is falling, below 95. our markets heading to the lows of the day. is that the tell?